- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
How do I make my NOL carryforward balance reflect the reduction of my ex-wife's use of the NOL that we are sharing?
My ex-wife and I are sharing a NOL carryforward from a previous business loss. Turbo tax is not recognizing the reduction of the carryforward balance for my ex-wife's NOL. For example the balance is only getting reduced by my NOL of 3,000 and not the 3,000 my ex-wife used. So the beginning balance for the 2017 tax year is overstated. I assume the IRS has the correct balance but want to make sure. Thanks.
Topics:
‎June 6, 2019
8:24 AM